Mortgage Rates in Valdez, Alaska — March 2026
Updated March 2026 | Based on Valdez market data and regional lending conditions
Valdez is a growing city in Alaska with a population of 3,982. The current 30-year fixed mortgage rate in Valdez is 6.83%, which is 0.18% above the national average. With a median home price of $257,000 and a 20% down payment of $51,400, homebuyers can expect a monthly principal and interest payment of approximately $1,344.
Current Mortgage Rates in Valdez, AK
Below are the current average mortgage rates available in the Valdez area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.83% | 6.65% | +0.18% |
| 15-Year Fixed | 6.06% | 5.89% | +0.17% |
| 5/1 ARM | 6.3% | 6.15% | +0.15% |
| FHA | 6.54% | 6.25% | +0.29% |
| VA | 6.29% | 6.05% | +0.24% |
| Jumbo | 7.08% | 6.85% | +0.23% |
Valdez Housing Market Overview
The Valdez housing market offers relatively affordable housing compared to many major cities. The median household income in Valdez is $75,100, and the cost of living index is 124.9 (national average = 100). Based on the 28% affordability rule, the median income in Valdez is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Valdez
Based on the median home price of $257,000 with 20% down ($51,400), here is what you can expect to pay monthly in Valdez:
15-Year vs. 30-Year Mortgage in Valdez
Choosing a 15-year mortgage in Valdez at 6.06% instead of a 30-year at 6.83% would save you $170,280 in total interest over the life of the loan. However, your monthly payment would be $1,742 instead of $1,344 — an increase of $398 per month.
Calculate Your Valdez Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Valdez
What are the current mortgage rates in Valdez, AK?
As of March 2026, the average 30-year fixed mortgage rate in Valdez, Alaska is 6.83%, while the 15-year fixed rate is 6.06%. FHA loans average 6.54% and VA loans 6.29%. These rates are 0.18% above the national average of 6.65%.
How much is a monthly mortgage payment in Valdez?
Based on the median home price of $257,000 with 20% down, the estimated monthly mortgage payment in Valdez is $1,344 for principal and interest. Including property taxes of $233/month, the total monthly housing cost is approximately $1,577.
What income do I need to buy a home in Valdez?
Using the 28% rule, you would need an annual income of approximately $67,586 to afford the median-priced home in Valdez at $257,000. The median household income in Valdez is $75,100. The median income is currently sufficient to meet this threshold.
Is Valdez a good place to buy a home in 2026?
Valdez has a higher cost of living than average with a cost of living index of 124.9 (national average = 100). The property tax rate in Alaska is 1.09%, which is near the national average. Valdez has a population of 3,982 and offers a balanced lifestyle.
Mortgage Rates in Other Alaska Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Valdez, Alaska area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.